VISTA, Calif., Sept. 27, 2011 /PRNewswire/ -- Eco Building Products, Inc. (OTCBB: ECOB) announced today the company has received an order for Red Shield™ concentrates for immediate shipment to Hana Corporation of South Korea. Hana Corporation, Cyberwood Ltd division, has ordered enough Red Shield concentrates to process approximately 820,000 board feet of lumber. Cyberwood Ltd is planning to treat panel and dimensional lumber as well as wood flooring substrates for distribution into the South Korean market.
Korea depends on timber imports from Indonesia, Malaysia, the US, New Zealand, Chile and other countries to supply its domestic market and industries. Until now, because Korea has depended on imports for timber, most raw forest products, such as logs, lumber, plywood, and bamboo, are imported and manufactured into secondary products such as plywood, hardboard, particle board, medium density fiberboard, paper, and pulp. Most of these primary products are also consumed by the domestic market, and will continue to be until the local forest is in better condition. Cyberwood has indicated that all aspects of Red Shield lumber protection are desired in the local markets.
"I am pleased that our global marketing plans are materializing. Korea is an extremely important component in our global strategy. Albeit Cyberwood has big plans for Red Shield in the local market I want to develop this opportunity to provide strategically coated goods to the rest of the Asian market," stated Steve Conboy, President and CEO of Eco Building Products. "After several years of relationship with Moon Song, the CEO of Cyberwood LTD, I am very pleased we are able to advance our business goals in this direction," added Conboy.
About Eco Building Products, Inc.
Eco Building Products, Inc. is a manufacturer of proprietary wood products treated with an eco-friendly proprietary chemistry that protects against fire, mold/mycotoxins, fungus, rot-decay, wood ingesting insects and termites with ECOB Wood Surface Film™ and FRC™ technology (Fire Retardant Coating). Eco Building products, "Red Shield™" utilizing patent pending technology is the ultimate in wood protection, preservation, and fire safety to building components constructed of wood; from joists, beams and paneling, to floors and ceilings.
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SOURCE Eco Building Products, Inc.